Major Growth in Automotive Franchise Industry
The automotive franchise sector is experiencing a notable shift, with the Moran Family of Brands leading the charge. According to recent reports, the industry is poised to see a robust growth rate of 3.5% in 2025. Riding this wave of optimism, the Moran Family has announced an impressive milestone—securing
seven new franchise agreements as well as two resales in just the first quarter of the year.
The Franchise Network
Moran Family of Brands encompasses six well-known brands within the automotive services industry:
Mr. Transmission,
Milex Complete Auto Care,
Turbo Tint,
Alta Mere,
Multistate Transmissions, and
Dr. Nick's Transmissions. This diverse portfolio allows them to cater to various automotive needs, from general repair to specialized services.
New Agreements Signed
In the first quarter, several significant agreements were made:
- - Henry Nardone is expanding his footprint with a new Turbo Tint location in Jacksonville, FL.
- - Jami Grindotto has signed a three-store development agreement for co-branded Mr. Transmission – Milex Complete Auto Care shops in Albuquerque, NM.
- - Christi Redfearn and David Record also secured a three-store development deal for their co-branded shops in Dallas, TX.
These new agreements exemplify the ongoing trust and investment in the Moran Family of Brands as they strive to meet the growing demand in the automotive sector.
Resale Program Success
In addition to new franchises, the Moran Family of Brands has a seasoned
resale program designed to assist franchisees seeking to transition out of their businesses, ensuring stability and continuity. This initiative has enabled many franchisees to exit gracefully while capturing the equity they have built over the years. Contributions made by the corporate team include evaluating financials, negotiating sales, and finalizing transactions to help ensure smooth transitions for all parties involved.
This quarter witnessed two significant resales:
- - Nick Costa, a long-time franchisee at Dr. Nick's Transmissions in Setauket, NY, is retiring after 28 years at the helm. The franchise will now be run by new owners Russ Trifilio and Kevin Marciniak.
- - Likewise, AJ Hatch, who led the Mr. Transmission location in Pensacola, FL for over 40 years, is also retiring and handing over the reins to Asad Sarder.
Future Outlook
The unwavering growth seen by the Moran Family of Brands this year is a testament to its leadership and strategic direction. As noted by
Barbara Moran-Goodrich, CEO of Moran Family of Brands, the company is prepared to adapt to technological advancements, notably the rise of
hybrid and
electric vehicles, and an increasing demand for specialized automotive services. With these trends in mind, the Moran Family is eager to expand its network further while maintaining a strong commitment to exceptional service.
For additional details on opportunities within the Moran Family of Brands and its diverse automotive service options, visit their official site at
moranfamilyofbrands.com. The combination of innovation, dedication, and a robust franchise network positions them for continued success in the dynamic automotive market.
About Moran Family of Brands
With a base in
Orland Park, Illinois, the Moran Family of Brands is renowned as a frontrunner in franchising automotive services. Beyond just repairs and maintenance, the company ensures a comprehensive suite of products and services across its six brands, totaling over
130 franchise locations nationwide. Their commitment to excellence extends to every aspect of the automotive aftermarket, proving they are a trusted name for both franchisees and customers alike.